Page 14 - Indusind Bank

BNP Paribas sells shares of two companies worth Rs 668 cr via open market

Financial services company BNP Paribas on Friday sold shares of two companies for Rs 668 crore through open market transactions. BNP Paribas, through its affiliate BNP Paribas Arbitrage, offloaded shares of private sector lenders, HDFC Bank and IndusInd Bank in two separate transactions on the BSE. According to the block deal data available with the BSE, BNP Paribas Arbitrage disposed of 18.23 lakh shares of HDFC Bank at an average price of Rs 1,480 apiece. It also sold more than 25.50 lakh shares of IndusInd Bank at an average price of Rs 1,560 per piece on the exchange, as per the block deal data. This took the combined transaction value to Rs 667.72 crore. Meanwhile, in two separate transactions, Goldman Sachs (Singapore) Pte - ODI picked up 18.23 lakh shares of HDFC Bank and acquired more than 25.50 lakh shares of IndusInd Bank at the same price. On Friday, shares of HDFC Bank fell 1.08 per cent to close at Rs 1,470.70 each on the BSE, while the scrip of IndusInd Bank decline

IndusInd Bank Q3 results: Net profit rise 17.2% to Rs 2,301.5 crore

The Net Interest Income (NII) which is the difference between interest earned and paid - stood at Rs 5296 crore for the period which was 17.81 per cent up from Rs 4495 crore in the year ago period

IndusInd Bank Q3 results: Net profit rises 17.3% to Rs 2,298 crore

IndusInd's loan disbursements grew 20% year-on-year, while deposits rose 13%

Net advances of IndusInd Bank rise 20% to Rs 3.26 trillion in Q3 FY24

IndusInd Bank's growth in loans was 4 per cent in Q3 FY24 compared to the quarter ended in September 2023

Nippon Life India AMC surges 8%, hits new high after huge block deal

According to reports, IndusInd Bank was seeking to divest 2.86 per cent stake in Nippon AMC

IndusInd Bank to allow CNG bill payments through CBDC in Delhi-NCR

The users will also be allowed to scan any UPI QR using their digital Rupee app across all IGL stations in the region

No additional share pledge by IIHL and subsidiary in IndusInd Bank

The promoter entities' pledge of shares as on date works out to 6.87 per cent of the paid-up share capital of the IndusInd Bank and has remained unchanged since long,'' the statement said.

IndusInd Bank, Suzlon Energy among nine firms added to MSCI India Index

As many as nine firms, including IndusInd Bank, Suzlon Energy and One 97 Communications, were added to the MSCI India Index, according to an update announced by index compiler MSCI. There are nine additions to the MSCI India index, and the changes in constituents will take place on the close of November 30, 2023, it said. APL Apollo Tubes, IndusInd Bank, Macrotech Developers, One 97 Communications (Paytm's parent firm), Persistent Systems, Polycab India, Suzlon Energy, Tata Communications and Tata Motors will be added to the MSCI India index, as per the announcement. Shares of Suzlon Energy jumped 4.79 per cent, One 97 Communications rallied 2.90 per cent, Tata Motors climbed 2.84 per cent, Persistent Systems (0.61 per cent) and Macrotech Developers (0.37 per cent) on the BSE. However, the stock of IndusInd Bank fell 1.05 per cent, Tata Communications lost 1.26 per cent, APL Apollo Tubes dipped 0.90 per cent, and Polycab India skidded 0.04 per cent. MSCI Global Standard Index is .

India's weightage climbs to highest level on MSCI Global Standard index

This marks "a significant increase over the past three years, almost doubling its weight," Nuvama Alternative & Quantitative Research said in a note

MSCI Index inclusion likely to spur big churn for domestic stocks

IndusInd, Suzlon, Paytm among nine companies seen getting added to the index

Bajaj Auto, Wipro, Bandhan Bk: Trading strategies in stocks post Q2 results

Charts suggest that Bajaj Auto can potentially rally up to 7 per cent from present levels, while Bajaj Finance, Bandhan Bank and Wipro can tumble up to 21 per cent.

Stocks to Watch today: Bajaj Auto, Wipro, RIL, Dabur, IndusInd, Bandhan Bk

Stocks to watch on Thursday, October 19, 2023: FMCG majors ITC, Hindustan Unilever and Nestle also likely to be in focus ahead of Q2 results today.

IndusInd Bank Q2 results: Net profit up 22% on NII growth, low provision

Yield on assets for the quarter stood at 9.69 per cent, compared to 8.65 per cent in the same quarter of the previous year

IndusInd Bank Q2 results: Net profit jumps 22% on robust growth in loans

(Reuters) -Indian private lender IndusInd Bank reported a 22.1% rise in second-quarter profit on Wednesday, helped by robust growth in loans and core lending income.

Sensex sheds 551 pts, Nifty below 19,700 as Middle East crisis worsens

Closing Bell on Wednesday, October 18, 2023: Brent crude futures jumped 3 per cent after Iran called for sanctions and oil embargo against Israel

Stocks to Watch: TCS, Adani Group, IndusInd Bank, Aster DM, RVNL, Cipla

Stocks to Watch on October 12, 2023: RBI has allowed SBI Mutual Fund to acquire up to 9.99 per cent stake in IndusInd Bank

IndusInd Bank launches digital banking app, aims 10 mn customers in 3 years

The app boasts a transparent rewards programme, wherein users can select their favourite brands from leading e-commerce platforms

Q2 advances: Federal Bank to BoM, banks clock healthy double-digit growth

The pace of loan growth for these lenders was higher than the 15.1 per cent Y-o-Y growth in advances of the banking system until 8 September 2023, according to Reserve Bank of India's data

IndusInd Bank announces global association with ICC ahead of World Cup 2023

IndusInd Bank said that the partnership aims at driving activities and promotions for the banks' customers, employees and cricket fans

Poonawalla Fincorp gets RBI nod to issue co-branded credit card

Poonawalla Fincorp, a Cyrus Poonawalla group- promoted NBFC, has received Reserve Bank of India's approval to issue co-branded credit card with IndusInd Bank. The company envisages to launch this credit card within three months, Poonawalla Fincorp said in a statement. This partnership will enable Poonawalla Fincorp to usher in a new age of flexible and versatile retail credit, it said.